The world’s second-largest apparel exporter of Western fast fashion brands– Bangladesh is grappling with unrest, affecting textile sectors across the globe.

Federation Of Surat Textile Traders Association (FOSTTA) president Kailash Hakim said that the trade between Surat and Bangladesh is worth ₹500 crores per year.

“Ready for Dyeing (RFD) fabric, printed and dyed garments, fabric, and stitched garments are exported. Bangladesh is directly connected to Surat in terms of trade. Although the violence that erupted in Bangladesh has not affected Surat’s textile industry yet, if this violence continues for a long time, it will directly affect Surat's textile industry,” said Hakim.

The payment cycle for trade transactions is 120 days, but the volume of orders Surat receives during festivals in Bangladesh is unpredictable due to the unrest.

Moreover, he said that if the riots are not controlled, the direct trade of ₹500 crores with Bangladesh will be affected.

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